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TypeBare Act JurisdictionCentral Government

Indian Contract Act, 1872 Section 124

Contract of Indemnity Defined

~1 min read
https://sooperkanoon.com/act/14401

Bare act section · Research

About this section

Indian Contract Act, 1872 Section 124 is part of Indian Contract Act, 1872 - Contract of Indemnity Defined. Read the section text below and explore Indian court judgments that cite it.

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Section Text

A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a "contract of indemnity".

Illustration

A contracts to indemnify B against the consequences of any proceedings which C may take against B in respect of a certain sum of 200 rupees. This is a contract of indemnity.

Frequently asked questions

What does Indian Contract Act, 1872 Section 124 provide?

Section Section 124 of the Indian Contract Act, 1872 (Contract of Indemnity Defined) is reproduced on this page as part of the Indian Contract Act, 1872. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Indian Contract Act, 1872 Section 124?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Indian Contract Act, 1872 Section 124. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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